Natural Gas

Chevron Announced Divestiture of East Texas Gas Assets

The company aims to focus on core operations, by allocating resources to high-return projects.

Shell Acquires Pavilion Energy

The acquisition will be absorbed within Shell’s cash CAPEX guidance.

U.S. Natural Gas Consumption Set New Winter and Summer Monthly Records

In July 2024, the consumption increased by 3% compared with July 2023.

Shell Warns Australia's Gas Reservation Plan Could Worsen Shortages

The competition regulator has warned the east could face a gas shortage by 2027.

St. Cloud Fire Department Responds to Natural Gas Leak

The call came in at 6:00 a.m. at 1420 Minnesota Boulevard Southeast at St. Benedict's.

CNOOC Profits Surged, Driven by Robust Oil and Gas Drilling Output

The company’s earnings is heavily dependent on global oil prices.

OMV Petrom, Romgaz Spud First Well in Neptun Deep Gas Project

The rig is Transocean Barents, while integrated drilling services have been contracted to Halliburton Energy Services Romania and Newpark Drilling Fluids Eastern Europe.

Excelerate Energy Reached Agreement to Acquire New Fortress Energy Business

The strategic acquisition will add downstream infrastructure to complement and diversify Excelerate’s existing portfolio.

Russia's LPG Exports to Afghanistan Boom as Europe Shuns it

LPG, or propane and butane, is mainly used as fuel for cars, heating and to produce other petrochemicals.

SEFE Signed Agreement with Delfin Midstream to Diversify LNG Portfolio

The project had received an LNG export permit extension earlier this month.

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Crude Oil Prices

Forozan Blend		75.61
Iran Heavy		75.71
Iran Light		77.66
Forozan Blend		74.42
Iran Heavy		74.37

Natural Gas News